reinsurance (n)

n13348456

type n
lex_filenum 21
def sharing the risk by insurance companies
def part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured
examples reinsurance enables a client to get coverage that would be too great for any one company to assume
Outgoing links
Hypernym insurance
Derivationally related form reinsurance → reinsure
Incoming links
Hyponym insurance
Derivationally related form reinsure → reinsurance

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